First Eagle Investment Management LLC trimmed its position in shares of Ultra Clean Holdings, Inc. (NASDAQ:UCTT – Free Report) by 11.2% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 360,139 shares of the semiconductor company’s stock after selling 45,300 shares during the quarter. First Eagle Investment Management LLC’s holdings in Ultra Clean were worth $8,128,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other large investors have also made changes to their positions in the company. Brooklyn Investment Group acquired a new position in Ultra Clean in the first quarter worth approximately $33,000. AlphaQuest LLC grew its position in Ultra Clean by 1,321.9% in the first quarter. AlphaQuest LLC now owns 2,403 shares of the semiconductor company’s stock worth $51,000 after acquiring an additional 2,234 shares in the last quarter. Russell Investments Group Ltd. grew its position in Ultra Clean by 481.4% in the first quarter. Russell Investments Group Ltd. now owns 2,744 shares of the semiconductor company’s stock worth $59,000 after acquiring an additional 2,272 shares in the last quarter. GAMMA Investing LLC increased its stake in shares of Ultra Clean by 220.1% during the 2nd quarter. GAMMA Investing LLC now owns 4,356 shares of the semiconductor company’s stock worth $98,000 after purchasing an additional 2,995 shares during the last quarter. Finally, CWM LLC raised its holdings in shares of Ultra Clean by 29.1% during the 1st quarter. CWM LLC now owns 4,725 shares of the semiconductor company’s stock valued at $101,000 after purchasing an additional 1,064 shares in the last quarter. Institutional investors own 96.06% of the company’s stock.
Wall Street Analysts Forecast Growth
UCTT has been the subject of a number of recent research reports. TD Cowen upped their price objective on shares of Ultra Clean from $30.00 to $35.00 and gave the stock a “buy” rating in a report on Wednesday, October 29th. Needham & Company LLC upped their price target on Ultra Clean from $30.00 to $35.00 and gave the stock a “buy” rating in a research note on Wednesday, October 29th. Weiss Ratings reissued a “sell (d-)” rating on shares of Ultra Clean in a report on Wednesday, October 8th. Finally, Oppenheimer restated an “outperform” rating on shares of Ultra Clean in a report on Wednesday, October 29th. Three analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, Ultra Clean has an average rating of “Moderate Buy” and a consensus price target of $33.33.
Ultra Clean Trading Down 0.3%
Ultra Clean stock opened at $26.06 on Friday. Ultra Clean Holdings, Inc. has a 52 week low of $16.66 and a 52 week high of $40.64. The company has a debt-to-equity ratio of 0.60, a quick ratio of 1.86 and a current ratio of 3.21. The firm has a market capitalization of $1.18 billion, a PE ratio of -7.30, a PEG ratio of 1.12 and a beta of 2.16. The business’s 50-day simple moving average is $27.26 and its 200-day simple moving average is $23.98.
Ultra Clean (NASDAQ:UCTT – Get Free Report) last announced its earnings results on Tuesday, October 28th. The semiconductor company reported $0.28 earnings per share for the quarter, beating the consensus estimate of $0.24 by $0.04. The firm had revenue of $510.00 million during the quarter, compared to the consensus estimate of $505.23 million. Ultra Clean had a positive return on equity of 5.15% and a negative net margin of 7.66%.The firm’s revenue for the quarter was down 5.6% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.35 EPS. Ultra Clean has set its Q4 2025 guidance at 0.110-0.310 EPS. Equities research analysts forecast that Ultra Clean Holdings, Inc. will post 1.09 earnings per share for the current year.
About Ultra Clean
Ultra Clean Holdings, Inc develops and supplies critical subsystems, components and parts, and ultra-high purity cleaning and analytical services for the semiconductor industry in the United States and internationally. The company provides ultra-clean valves, high purity connectors, industrial process connectors and valves, pneumatic actuators, manifolds and safety solutions, hoses, pressure gauges, and gas line and component heaters; chemical delivery modules that deliver gases and reactive chemicals in a liquid or gaseous form from a centralized subsystem to the reaction chamber; and gas delivery systems, such as weldments, filters, mass flow controllers, regulators, pressure transducers and valves, component heaters, and an integrated electronic and/or pneumatic control system.
Further Reading
- Five stocks we like better than Ultra Clean
- 5 Top Rated Dividend Stocks to Consider
- OpenAI’s Restructuring Sets up What Could Be the Biggest IPO Ever
- Upcoming IPO Stock Lockup Period, Explained
- 2 Rare Earth Stocks the U.S. Government Doesn’t Want to Fail
- What Investors Must Know About Over-the-Counter (OTC) Stocks
- CrowdStrike Partners With CoreWeave But Investors Sell the News
Want to see what other hedge funds are holding UCTT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Ultra Clean Holdings, Inc. (NASDAQ:UCTT – Free Report).
Receive News & Ratings for Ultra Clean Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ultra Clean and related companies with MarketBeat.com's FREE daily email newsletter.
